138 Old Oak, San Diego, California 92114, San Diego, 92114 - 3 bed, 2 bath
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138 Old Oak
San Diego, California 92114
ACTIVE
CONDITION: POOR
3Beds
2Baths
959Sq Ft
6,300Lot Size
Property Price
LIST PRICE$529,000
EST. MARKET VALUE
$559,100
5% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $529,000—positioned well below the $559,100 Fair Market Value by 5%. This valuation gap offers $30,100 in Instant Equity for buyers. With a Condition Rating of 5, the home requires a full renovation, yet the 6,300 sq. ft. lot provides significant potential for expansion or an ADU. This is a high-reward acquisition ideal for Fix-and-Flip Investors or Contractors seeking a value-add project in an established San Diego neighborhood.
Estimated Market Value
$559,100+$30,100 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in San Diego.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 138 Old Oak Subject | $529,000* List Price | 3 | 2 | 959 | $583 | - |
A 7515 Black Oak Active | $649,900 List Price | 3 | 2 | 964 | $674 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1962 (>30 years old) with no evidence of recent renovation, this property requires a full rehab. The interior shows significant wear with heavily stained/damaged carpeting, dated wood paneling, and original wall heating units. The listing explicitly identifies it as an investor/contractor opportunity needing a 'complete refresh' to address its dated systems and finishes.
PROSSTRENGTHS & OPPORTUNITIES
- Investment Potential
The property is a prime candidate for a full renovation, offering significant upside potential for investors or contractors looking to add value in an established San Diego neighborhood.
- Spacious Lot
Situated on a 6,300 sq. ft. lot, the property provides ample room for outdoor entertaining, gardening, or the potential addition of an Accessory Dwelling Unit (ADU) to increase density.
- Competitive Price Point
Listed at $529,000, this home represents a rare entry-level opportunity for a detached single-family residence in the San Diego market, appealing to budget-conscious buyers with a vision.
CONSRISKS & DEFICIENCIES
- Extensive Repairs Needed
The home requires a complete interior and exterior refresh, which will necessitate a substantial immediate capital investment for repairs and modernization before it is move-in ready.
- Compact Living Area
With only 959 sq. ft. of living space for a three-bedroom configuration, the interior layout may feel constrained and require creative architectural solutions to maximize functionality.
About 138 Old Oak
Opportunity awaits at 138 Old Oak Dr! This 3-bedroom, 1.5-bath home offers 959 sq. ft. of living space on a spacious lot with plenty of potential inside and out. The home is ready for a complete refresh, making it an ideal opportunity for an investor, contractor, or buyer with the vision to transform it into something special. The existing floor plan provides a great starting point, while the large backyard offers room to create an inviting outdoor space, garden, entertaining area, or whatever your vision may be. Built in 1962, the home has touches of original character that could be incorporated into a thoughtful renovation or reimagined entirely. Located in an established San Diego neighborhood with convenient access to nearby parks and major roadways. Bring your ideas and creativity—this property has the bones and the space to become a charming home with the right improvements.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1962
- Lot Size
- 6,300 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Diego Unified Schools
Freese Elementary School
Grades K-5 • 0.5 mi
6/10
Boone Elementary School
Grades K-5 • 0.7 mi
4/10
Audubon K-8
Grades K-8 • 0.6 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 2.0 | 2.3 |
| Square foot | 959 | 1,777.941 |
| Lot Size | 6,300 | 6,474.445 |
| Price | $529.0K | $1.27M |
| Price per sq ft | $552 | $741 |
| Built year | 1962 | 1971 |
| HOA | $0 | $184 |
| Days on market | 5 | 40 |
Pricing History
Listed for Sale
Sep 4, 2026
$529,000
Initial Listing